Thursday, August 10, 2017

Arcos Dorados Invoice 10% more in Brazil

McDonald''s sales in Brazil, including franchisees, advanced 10.5 percent in the second quarter of 2017, compared with the same period in 2016. The same stores sales increased by 8.3%, due to a higher average ticket and volume growth. Revenues jumped from $ $309.4 million to $ $354.9 million on the same basis of comparison. The company''s Ebitda also increased, from $ $30.5 million to $ $45.9 million-high of 50.5%. "The mark held several actions in the period that contributed directly to the success of the results. Among them, maintaining the Classical value platform of the day, "said Paulo Camargo, President of the Brazil Division of Arcos Dorados.
Giro News – 9/08/17
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